exchange rate

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    Business Naira gains another N0.89 against dollar at official window - Ripples Nigeria

    https://www.ripplesnigeria.com/naira-gains-another-n0-89-against-dollar-at-official-window/
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    Business Naira slumps in first trading day of new week, sheds N2.53 at official window - Ripples Nigeria

    https://www.ripplesnigeria.com/naira-slumps-in-first-trading-day-of-new-week-sheds-n2-53-at-official-window/
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    Business Naira depreciates to N1,660/$ in parallel market - Vanguard News

    https://www.vanguardngr.com/2025/01/naira-depreciates-to-n1660-in-parallel-market-2/
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    Business Naira recovers at official window, holds steady at black market - Ripples Nigeria

    https://www.ripplesnigeria.com/naira-recovers-at-official-window-holds-steady-at-black-market/
  5. Today's Naira Rate [21-12-2024]: Naira Weakens to N1,775 on Parallel Market Amid Forex Challenges

    Nigeria Today's Naira Rate [21-12-2024]: Naira Weakens to N1,775 on Parallel Market Amid Forex Challenges

    The naira weakened against the dollar, closing at N1,541.68 in the official market and N1,775 in the parallel market. Despite weeklong volatility, the currency saw some gains. President Tinubu’s 2025 exchange rate benchmark of N1,500 per dollar hints at efforts to stabilize Nigeria’s economy...
  6. Today's Naira Rate [13-12-2024]: Naira Depreciates by N68 in Parallel Market, Reaches N1,668/$

    Nigeria Today's Naira Rate [13-12-2024]: Naira Depreciates by N68 in Parallel Market, Reaches N1,668/$

    The Naira has depreciated in the parallel market, trading at N1,668 per dollar on December 12, 2024, down from N1,600. Meanwhile, in the official market, the Naira appreciated to N1,534.6 per dollar. The widening gap between the parallel and official exchange rates poses challenges for Nigeria's...
  7. Today's Naira Rate [09-12-2024]: Naira Hits N1,550/$ in Parallel Market, Official Rate Experiences Minor Drop

    Nigeria Today's Naira Rate [09-12-2024]: Naira Hits N1,550/$ in Parallel Market, Official Rate Experiences Minor Drop

    The Naira appreciated in the parallel market, trading at N1,550 per dollar, gaining N5 from last weekend. However, the official market saw a slight depreciation of N1,538. The exchange rate gap between the two markets narrowed to N12, reflecting ongoing stabilization efforts by the Central Bank...
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    Business Naira appreciates to N1,550/$ in parallel market - Vanguard News

    https://www.vanguardngr.com/2024/12/naira-appreciates-to-n1550-in-parallel-market-2/
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    Business Naira trades below N2,000 against the British Pound for the first time since July - Nairametrics

    https://nairametrics.com/2024/12/07/naira-trades-below-n2000-against-the-british-pound-for-the-first-time-since-july/
  10. Today's Naira Rate [06-12-2024]: Naira Strengthens to N1,640/$1 in Parallel Market

    Nigeria Today's Naira Rate [06-12-2024]: Naira Strengthens to N1,640/$1 in Parallel Market

    The Central Bank of Nigeria’s Electronic Foreign Exchange Matching System (EFEMS) has strengthened the naira to N1,587.29/$1 in the official market, driving market transparency and efficiency. Launched in December 2024, EFEMS aims to unify exchange rates, reduce risks, and attract foreign...
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    Business Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 4th December 2024 - NaijaNews

    https://www.naijanews.com/2024/12/04/black-market-dollar-usd-to-naira-ngn-exchange-rate-today-4th-december-2024/
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    Business Naira strengthens against dollar at black market - Daily Post

    https://dailypost.ng/2024/12/03/naira-strengthens-against-dollar-at-black-market/
  13. Today's Naira Rate[26-11-2024]: Naira Hits N1752 Against the Dollar in Black Market

    Nigeria Today's Naira Rate[26-11-2024]: Naira Hits N1752 Against the Dollar in Black Market

    As of 26th November 2024, the black market exchange rate for USD to NGN in Lagos is N1,752 (buying) and N1,755 (selling). The official CBN rate is N1,664 (buying) and N1,665 (selling). Rates may vary depending on location and financial institutions. As of today, 26th November 2024, the black...
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    Business Naira appreciates to N1,725/$ in parallel market - Vanguard News

    https://www.vanguardngr.com/2024/11/naira-appreciates-to-n1725-in-parallel-market-2/
  15. Today's Naira Rate[28-10-2024]: Naira Plummets to N1,740 as Economic Stability Wavers

    Nigeria Today's Naira Rate[28-10-2024]: Naira Plummets to N1,740 as Economic Stability Wavers

    The Nigerian naira has plunged to N1,740 per dollar in the parallel market, reversing earlier gains and raising concerns over economic stability. Minor appreciation was noted in the NAFEM, but analysts warn that supply shortages and increasing demand could lead to further depreciation in the...
  16. Today's Naira Rate[06-10-2024]: Black Market Dollar Rate Reaches N1,674 as Economic Challenges Persist

    Nigeria Today's Naira Rate[06-10-2024]: Black Market Dollar Rate Reaches N1,674 as Economic Challenges Persist

    As of October 6, 2024, the black market exchange rate for the US dollar against the Nigerian naira has reached N1,674. This stark difference from the official rate of N1,657 by the Central Bank highlights ongoing economic challenges and a persistent shortage of foreign currency in Nigeria. As...
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    Business CBN approves sales of Dollar to legible BDC operators at N1580 rate - Daily Post

    https://dailypost.ng/2024/09/07/cbn-approves-sales-of-dollar-to-legible-bdc-operators-at-n1580-rate/
  18. Today's Naira Rate[05-09-2024]: Urgent Reforms Needed as Naira Hits New Low of N1,639.41 Against Dollar

    Nigeria Today's Naira Rate[05-09-2024]: Urgent Reforms Needed as Naira Hits New Low of N1,639.41 Against Dollar

    The naira plummeted to N1,639.41 per dollar in the official market, marking a significant decline of N34 from the previous day. The black market rate also fell, reflecting broader economic instability and inflation concerns, prompting calls for urgent government reforms to stabilize the...
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    Business Naira depreciates to N1,635 in parallel market - Vanguard News

    https://www.vanguardngr.com/2024/09/naira-depreciates-to-n1635-in-parallel-market/
  20. Today's Naira Rate[26-08-2024]: Naira Drops to 1,596.60/$ as Dollar Supply Tightens in FX Market

    Nigeria Today's Naira Rate[26-08-2024]: Naira Drops to 1,596.60/$ as Dollar Supply Tightens in FX Market

    The naira closed at N1,596.60 per dollar as dollar liquidity decreased, marking a 1.66% drop from Friday's rate. Daily FX market turnover fell 14.80% to $102.93 million, while the parallel market rate was quoted at N1,610. Analysts suggest sustained high interest rates amid ongoing inflation...
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